Compare ADP Workforce Now and Payroll by Wave - Sep 2022

Shlomi Lavi

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Bottom Line: Which is Better - ADP Workforce Now or Payroll by Wave?

ADP Workforce Now is more expensive to implement (TCO) than Payroll by Wave, and ADP Workforce Now is rated higher (98/100) than Payroll by Wave (80/100). Payroll by Wave offers users more features (8) than ADP Workforce Now (5).

Looking for the right Applicant Tracking solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

ADP Vs. Wave Accounting

ADP: Automatic Data Processing, Inc. (Nasdaq: ADP), with more than $10 billion in revenues and approximately 600,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single sou...

Wave Accounting: Wave Accounting is an awesome, cloud-based, integrated software and tools for small businesses. So far, that includes Invoicing, Accounting, Payroll, Payments and more, plus Personal Finance Software, too.

Who is more expensive? ADP Workforce Now or Payroll by Wave?

The real total cost of ownership (TCO) of Applicant Tracking software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for ADP Workforce Now and Payroll by Wave.

ADP Workforce Now price starts at $62 per month , On a scale between 1 to 10 ADP Workforce Now is rated 2, which is much lower than the average cost of Applicant Tracking software. Payroll by Wave price starts at $35 per month , When comparing Payroll by Wave to its competitors, the software is rated 2 - much lower than the average Applicant Tracking software cost.

Bottom line: ADP Workforce Now cost is around the same cost of Payroll by Wave.

Which software includes more/better features?

We've compared ADP Workforce Now Vs. Payroll by Wave based on some of the most important and required Applicant Tracking features.

ADP Workforce Now: HR Management, Payroll, HR Analytics, Workforce Management, Recruiting Management.

Payroll by Wave: Check Printing, Benefits Administration, Employee Self-Service, Payroll, Data Analysis Tools.

Target customer size

The software is a useful solution for small and medium businesses as well as large enterprises. The software is a viable product for small and medium businesses without any restriction on industrial affiliation.